J. P. King Auction Company Will Sell the Sun Valley Estate, a Five-Bedroom Home With Over 4,000 Square Feet of Living Space, at a Real Estate Auction With No Minimums and No Reserves

KETCHUM, ID--(Marketwire - Jul 31, 2012) - The Sun Valley Waterfront Estate is located in the heart of Sun Valley in Ketchum, Idaho, and is one of the nation's most desirable ski areas. With its stunning views of the surrounding mountains and Trail Creek below, this tri-level home will sell at auction on August 25 with no minimums and no reserves through J. P. King Auction Company.

With a two-story wooden deck that stretches the entire length of the home, the estate provides views of the surrounding mountain ranges while every bedroom overlooks Trail Creek. Located across the street from Forest Service Park, the home is easily walkable to the park's summer activities as well as the grocery store, restaurants, shopping and all the amenities of downtown Ketchum.

"It's very peaceful, yet we're right here in town," said Larry Singleton, who has owned the home for the past eight years with his wife, Janet. "We're right in town, so we can walk to anything, but we're also right on the creek, where we can crack a window and fall asleep to the sound of the water every night."

Other features of the Sun Valley Estate include a two-car garage, a rock fireplace in the living room that reaches up to the cathedral ceilings, exposed wood beam ceilings and a gourmet kitchen. The master suite features two private decks, a stone fireplace and a soaking tub. Last listed at $2.45 million, the home will sell to the highest bidder on auction day with no minimums and no reserves.

The auction will take place on Saturday, August 25 at 1 p.m. at the home, which is located at 130 East River Street in Ketchum. Property tours will be available for interested buyers beginning on August 18 through auction day. For additional information, individuals may contact J. P. King at 800.558.5464 or visit the company's website at www.jpking.com.

About J. P. King:J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Texas, Wyoming, Georgia, Florida and Washington.